Quote of the Day
"Perhaps the most critical communication skill. Be brief. Use as few words as possible to say what you need, and everyone will appreciate it."
(Morgan Housel)
Markets
- The stock market cares about better or worse, not good or bad. (theirrelevantinvestor.com)
- A notable sign that markets are moving higher. (allstarcharts.com)
Companies
- Tomasz Tunguz, "Profitability has surged as the most significant correlate & predictor of a public software company’s value." (tomtunguz.com)
- Amazon ($AMZN) is ladling stock on its employees. (theinformation.com)
Venture capital
- Venture capital funds are sitting on record 'dry powder.' (wsj.com)
- Blackstone ($BLK) is gearing up to lend more to tech startups. (theinformation.com)
- Why you should never do a 10% layoff. (om.co)
Streaming
- Disney ($DIS) is raising streaming prices. (variety.com)
- Why 'Prey' ended up on Hulu and not in theaters. (thestreamable.com)
- Calling for 'peak TV' may be premature. (variety.com)
Economy
- Initial jobless claims continue to trend higher. (bonddad.blogspot.com)
- Why inflation is likely to head lower. (pragcap.com)
Earlier on Abnormal Returns
- Longform links: a one-man bot farm. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: wasting precious time. (abnormalreturns.com)
- Don't let inertia keep you from learning something new (and useful). (abnormalreturns.com)
- My Q&A with Eric Barker author of “Plays Well with Others: The Surprising Science Behind Why Everything You Know About Relationships Is (Mostly) Wrong.” (abnormalreturns.com)
- Calibrating your work-life balance is no easy feat. (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)